Bank or similar financial institution account, poorest 40% in Lower middle income
Lower middle income: Bank or similar financial institution account, poorest 40% was 58.8% in 2024. ▲ Rising
Latest (2024)
58.8%
Change on year
up 8.0%
Rank
8th
of 12 groups
All-time high
58.8%
in 2024
All-time low
21.3%
in 2011
Years of data
5
2011–2024
Bank or similar financial institution account, poorest 40% in Lower middle income, 2011–2024
Source: World Bank. Measured in % age 15+.
Analysis
Lower middle income recorded 58.8% for bank or similar financial institution account, poorest 40% in 2024. That is the highest value across all 5 years on record.
The figure is up 8.0% on the previous year and up 80.0% over ten years.
Over the whole period, bank or similar financial institution account, poorest 40% in Lower middle income peaked at 58.8% in 2024 and was at its lowest, 21.3%, in 2011.
Bank or similar financial institution account, poorest 40% in Lower middle income, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 21.3% | — |
| 2014 | 32.7% | +53.3% |
| 2017 | 51.3% | +57.1% |
| 2021 | 54.4% | +6.1% |
| 2024 | 58.8% | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.1% | 21.3% | 51.3% | 3 |
| 2020s | 56.6% | 54.4% | 58.8% | 2 |
Countries ranked near Lower middle income
More reference data data for Lower middle income
- Exchange rate, new LCU per USD extended backward, period average 6,782 (2021)
- CPI Price, nominal 469.5 (2026)
- CPI Price, nominal, seas. adj. 475.87 (2026)
- School age population, one year before than official primary entry 59.49 million number (2019)
- School age population, one year before than official primary entry 28.75 million number (2019)
- School age population, one year before than official primary entry 30.74 million number (2019)
- School life expectancy, primary, both sexes 5.41 years (2019)
- School life expectancy, primary, male 5.44 years (2019)
- School life expectancy, primary, female 5.37 years (2019)
- Share of all students in secondary education enrolled in general 95.5% (2019)
Frequently asked questions
- What is bank or similar financial institution account, poorest 40% in Lower middle income?
- Bank or similar financial institution account, poorest 40% in Lower middle income was 58.8% in 2024, according to the World Bank.
- What is the highest bank or similar financial institution account, poorest 40% recorded in Lower middle income?
- The highest recorded value was 58.8% in 2024.
- What is the lowest bank or similar financial institution account, poorest 40% recorded in Lower middle income?
- The lowest recorded value was 21.3% in 2011.
- How does Lower middle income rank for bank or similar financial institution account, poorest 40%?
- Lower middle income ranks 8th out of 12 groups with data for 2024.
- Is bank or similar financial institution account, poorest 40% rising or falling in Lower middle income?
- Over the last ten years it is up 80.0%. The long-run trend across the full record is rising.
- Where does this Lower middle income data come from?
- The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.
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